Levi’s (LEVI) execs just gave a market nervous over bruising tariffs a taste of what’s to come for earnings season. A heavy dose of confusion, with a lack of clear cut guidance for investors in search of badly needed clarity. …
China vows to ‘fight to the end’ on tariffs as it props up markets
(Bloomberg) — China pledged to retaliate against Donald Trump’s latest tariff threat and stepped up efforts to support the market, raising the risk of a prolonged trade war between the world’s two largest economies. Most Read from Bloomberg “The US …
Shopify CEO says before hiring anyone new, employees must prove AI can’t do the job better
Shopify CEO Tobi Lütke shared in an internal memo that he expects his employees to “demonstrate why they cannot get what they want done using AI” before hiring new staff.David Fitzgerald/Sportsfile via Getty Images Shopify CEO Tobi Lütke shared an …
Ray of hope or false dawn for markets? European investors still staggering from a nearly 12% plunge over three days in their regional stock benchmark are waking up to a futures market pointing more than 3% higher. President Donald Trump has hardly backed down in his assault on perceived trade disparities, even doubling down on China by threatening additional 50% levies that would take the combined total well above 100%. All of this raises suspicions of whether the bounce in markets will last, and even a 3% rebound in the STOXX 600 wouldn't make up much of the rout since Trump's "Liberation Day" tariff announcement last Wednesday.
Ray of hope or false dawn for markets? European investors still staggering from a nearly 12% plunge over three days in their regional stock benchmark are waking up to a futures market pointing more than 3% higher. President Donald Trump …
Binance Co-Founder Changpeng Zhao Joins Pakistan’s Crypto Council To Advise on Digital Asset Regulation and Investment Strategy
Changpeng “CZ” Zhao, former CEO of Binance, has joined Pakistan’s newly formed Crypto Council as a strategic advisor. The council, established in March 2025, aims to guide Pakistan’s push to attract foreign investment by focusing on digital asset regulations, infrastructure, …
New Zealand to stick to current economic plans despite US tariff concerns
WELLINGTON (Reuters) – New Zealand will not revise its economic and fiscal plans despite the turmoil in the global financial markets triggered by U.S. President Donald Trump’s tariff plans, Finance Minister Nicola Willis said on Tuesday. A global trade war …